supercash usage policy change from 1st Aug

Now the SuperCash that can be used will be 5% of the transaction amount, not your SuperCash balance

The new SuperCash will work across categories. From ordering furniture online to your local grocery stores, you get 5% off on your transaction amount. E.g. if you are buying furniture worth Rs. 5000, you get a discount of Rs. 250 which will be deducted from your SuperCash balance. Or if you are ordering food for a party that costs Rs. 6000, you can avail a discount 0f 5% i.e. Rs. 300, which is again deducted from your SuperCash balance.

This is a good thing isn’t it, can end up using up your mobikwik supercash entirely now, they won’t get as much gallis
But I hope they do not raise the limit from Rs.100 Rs. minimum, then they definitely will get gallis with all their restrictions

Lets say if someone wants to transact for Rs. 500/- and they have 100 in their SuperCash balance then they will be able to use 25 from their SuperCash balance starting August 1st as compared to 5 right now.

The new SuperCash will work across categories. From ordering furniture online to your local grocery stores, you get 5% off on your transaction amount. E.g. if you are buying furniture worth Rs. 5000, you get a discount of Rs. 250 which will be deducted from your SuperCash balance. Or if you are ordering food for a party that costs Rs. 6000, you can avail a discount 0f 5% i.e. Rs. 300, which is again deducted from your SuperCash balance.

This changes are making MK users again into worse .
By looking shows more savings but when u do txn for less amt it will be loss.

This is a good thing isn’t it, can end up using up your mobikwik supercash entirely now, they won’t get as much gallis
But I hope they do not raise the limit from Rs.100 Rs. minimum, then they definitely will get gallis with all their restrictions

@esakkiraja tks for update bro. +H +K@TrickyTimer while i often dont agree on ur assessment of my deals not being FPDs (just kidding ); i completely agree with you here bro. +K
Agree with @nomag Prima facie good move by Mobikwik to encourage large ticket txns. Unfortunately days of looting it over… definitely no complaints as I crossed a milestone this month… burnt over ₹50k supercash since inception … ₹50,783.58 to be precise….no need to be greedy…
PS – Sorry couldn’t resist blowing my own trumpet… Thank you Mobikwik…

This is a good thing isn’t it, can end up using up your mobikwik supercash entirely now, they won’t get as much gallis
But I hope they do not raise the limit from Rs.100 Rs. minimum, then they definitely will get gallis with all their restrictions

Yeah.. This makes absolute sense.. They generally charge 3% for payment gateway.. And just 2% extra loss they have to bear.. And atleast we can use or entire supercash and not crib about having chillers expiring

Lets say if someone wants to transact for Rs. 500/- and they have 100 in their SuperCash balance then they will be able to use 25 from their SuperCash balance starting August 1st as compared to 5 right now.

suppose person has 1k SC then he would be able to burn only 25 Rs SC as per new t&c.. previously it was Rs 50. Now tell me.
1k monthly supercash burn was possbile even with 3-5k wallet balance spend. Now to burn 1k supercash, you need to spend 20000 from wallet.
Tell me how many genuine users would be spending this much amount?

suppose person has 1k SC then he would be able to burn only 25 Rs SC as per new t&c.. previously it was Rs 50. Now tell me.
1k monthly supercash burn was possbile even with 3-5k wallet balance spend. Now to burn 1k supercash, you need to spend 20000 from wallet.
Tell me how many genuine users would be spending this much amount?

Why to earn so much SuperCash at first place? Most genuine users will not be having so much SuperCash

Why to earn so much SuperCash at first place? Most genuine users will not be having so much SuperCash

Why to use Mobikwik at first place? Genuine user wouldn’t be using Mobikwik after so many t&c changes. This is just a new policy to let the user not use supercash and expire supercash. Last 2 months they did via shortening validity. This time they did by changing to transaction amount from balance.

Why to use Mobikwik at first place? Genuine user wouldn’t be using Mobikwik after so many t&c changes. This is just a new policy to let the user not use supercash and expire supercash. Last 2 months they did via shortening validity. This time they did by changing to transaction amount from balance.

I completely agree with the first point. MobiKwik is the shittiest wallet available and one should use other better wallets.

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